How are companies taking advantage of interactive technologies to tap consumers for message ideas and actual ads? What are the benefits and disadvantages of consumer-generated advertising?

What will be an ideal response?


Companies can now search existing video sites such as YouTube, set up their own Web sites, create accounts on social networks such as Facebook, and sponsor ad-creation contests. Several companies, such as Coca-Cola, MasterCard, and Frito-Lay, have used consumer-generated ads in national promotions. Consumer-generated advertising offers companies a way to gather new perspectives on their products and develop insights into how their products are used and seen by actual consumers. Also, consumer-generated advertising is very inexpensive. On the other hand, companies do not control consumer-generated material, which can lead to conflicting, or even negative, messages about a brand.

Business

You might also like to view...

The amount of the outstanding checks is included on the bank reconciliation as a(n)

A) deduction from the balance per company's records B) addition to the balance per bank statement C) deduction from the balance per bank statement D) addition to the balance per company's records

Business

Contracts that cannot be performed by its own terms within ________ must be in writing

Fill in the blanks with correct word

Business

A franchisee cannot be a corporation

Indicate whether the statement is true or false

Business

A type of bar chart used to display the data from a frequency distribution is called a histogram

Indicate whether the statement is true or false

Business